Bitcoin and Ethereum Options with a Total Notional Value of $2.12 Billion Expire Today

According to Greeks.live data, 28,000 BTC options are expiring today, with a put-call ratio of 0.54, a maximum price threshold of $68,000, and a notional value of $1.8 billion. Additionally, 156,000 ETH options are also expiring, with a put-call ratio of 0.73, a maximum price threshold of $2,075, and a notional value of $320 million.📌📌📌

Adam, an analyst at Greeks.live, stated that today marks the first weekly settlement since the quarterly settlement, and that Bitcoin options market share has reached a new level well exceeding 80%. By expiration date, open interest is currently highest in late April and late June, each accounting for approximately 23%. Ethereum showed the highest proportion of options trading in June at approximately 30%, indicating active Bitcoin options trading activity. The market is relatively weak, and it is highly likely that it will immediately fall to $66,000 if even a small rebound occurs. Cryptocurrency trading activity remains sluggish, and several DeFi projects are exhibiting typical bear market characteristics such as crashes.💡💡💡